DaVita HealthCare Partners Inc (DVA)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 12,815,550 | 12,666,620 | 12,524,360 | 12,338,010 | 12,140,150 | 11,911,290 | 11,738,650 | 11,665,040 | 11,609,900 | 11,636,980 | 11,626,610 | 11,616,360 | 11,618,800 | 11,580,150 | 11,565,900 | 11,529,370 | 11,550,610 | 11,543,870 | 11,523,880 | 11,486,600 |
| Total assets | US$ in thousands | 17,285,300 | 17,503,700 | 17,025,600 | 17,430,900 | 16,893,600 | 16,928,700 | 16,958,800 | 16,727,800 | 16,928,300 | 16,961,800 | 17,100,600 | 17,087,000 | 17,121,500 | 17,633,900 | 17,810,300 | 17,647,300 | 16,988,500 | 17,046,700 | 19,305,100 | 17,596,300 |
| Total asset turnover | 0.74 | 0.72 | 0.74 | 0.71 | 0.72 | 0.70 | 0.69 | 0.70 | 0.69 | 0.69 | 0.68 | 0.68 | 0.68 | 0.66 | 0.65 | 0.65 | 0.68 | 0.68 | 0.60 | 0.65 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $12,815,550K ÷ $17,285,300K
= 0.74
DaVita HealthCare Partners Inc's total asset turnover ratio has been fairly stable over the reporting periods from March 31, 2020, to December 31, 2024, ranging between 0.60 and 0.74. The total asset turnover measures how efficiently the company generates sales revenue from its total assets.
A total asset turnover ratio of less than 1 indicates that DaVita HealthCare Partners Inc is generating less in sales revenue compared to its total assets. However, it is important to consider the industry norms and the company's specific business model when interpreting this ratio.
While the slight fluctuations in the ratio over the periods may indicate changes in operational efficiency or asset utilization, a consistent trend is not clearly observable in this case. Further analysis and comparison with industry benchmarks or historical data would be necessary to assess the company's asset management efficiency effectively.
Peer comparison
Dec 31, 2024